Investment Intelligence provides up-to-date private equity information and news designed for entrepreneurs, private equity investors and corporate acquirors interested in Central & Eastern Europe.

Eurocom Cable Management

EQT Merges CableTel and Eurocom

Posted Sun, 01/11/2009 - 17:51

Two of Bulgaria's top cable and internet providers will merge to form the largest company of its kind in the country, thanks to deal that has EQT acquiring both entities. EQT has secured 100% ownership of Eurocom and 70% of CableTel for a combined total of €200 million. The remaining 30% of CableTel is owned by Ron Finley who has committed to rolling his stake into the new company.

EQT Gets Go Ahead to Acquire Eurocom Cable Mgmt.

Posted Wed, 05/08/2009 - 15:58

Swedish investor EQT Funds Management is in the process of acquiring Bulgarian cable TV and internet provider Eurocom Cable Management, after government regulators gave their approval to the transaction. Should the deal be completed, acquisition will be made via EQT's managed fund, EGT V Ltd., which earlier acquired CableTEL.